While some GP practices struggle, others are more profitable than law firms
Almost all GPs and most non-GP specialists run private businesses to provide medical care in Australia.
Business decisions can influence the costs of medical care, the care patients receive and access to medical care in different geographic areas.
But until now, we’ve had no national data on the costs or profitability of running a private medical practice.
Our ANZ-Melbourne Institute Health Sector Report, out today, uses data from the Australian Bureau of Statistics on all medical businesses in Australia.